JK+ Gruppen A/S — Credit Rating and Financial Key Figures

CVR number: 42488119
Lindevænget 2, 5620 Glamsbjerg

Company information

Official name
JK+ Gruppen A/S
Established
2021
Company form
Limited company
Industry

About JK+ Gruppen A/S

JK+ Gruppen A/S (CVR number: 42488119) is a company from ASSENS. The company reported a net sales of -4.2 mDKK in 2023, demonstrating a decline of -1012.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -4.3 mDKK), while net earnings were -4253.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.1 %, which can be considered poor and Return on Equity (ROE) was -115.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JK+ Gruppen A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales1 897.61464.55-4 237.70
Gross profit1 871.99445.63-4 253.87
EBIT1 871.99445.63-4 253.87
Net earnings1 370.35871.86-4 253.48
Shareholders equity total4 927.935 799.781 546.30
Balance sheet total (assets)8 464.768 942.267 720.01
Net debt3 030.693 136.226 167.46
Profitability
EBIT-%98.6 %95.9 %
ROA22.1 %10.9 %-51.1 %
ROE27.8 %16.3 %-115.8 %
ROI22.1 %10.9 %-51.1 %
Economic value added (EVA)1 875.03631.50-4 092.85
Solvency
Equity ratio58.2 %64.9 %20.0 %
Gearing71.6 %54.1 %398.9 %
Relative net indebtedness %160.0 %676.5 %-145.7 %
Liquidity
Quick ratio0.70.00.1
Current ratio0.70.00.1
Cash and cash equivalents499.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-54.1 %-670.8 %124.2 %
Credit risk
Credit ratingAAABB

Variable visualization

ROA:-51.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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